MODERN BUSINESS RISK MANAGEMENT PRACTICES IN UKRAINE USING THE INTERNET OF THINGS

Keywords: transport and logistics flows, economic efficiency, war, multimodal transportation, logistics digitalization, international cooperation, transport infrastructure

Abstract

The purpose of the study is to analyze the economic efficiency of Ukraine’s transport and logistics flows under wartime conditions and to substantiate key directions for adaptation and optimization of the logistics system, taking into account infrastructure constraints, changes in transportation routes, and the intensification of international cooperation. Research methodology. The study applies systemic and structural–functional approaches to the analysis of the transport and logistics system, methods of economic analysis, comparison and generalization of statistical data, as well as logical modeling to assess the impact of military actions on the efficiency of logistics flows. The theoretical framework is based on the concepts of logistics management, multimodal transportation, and digital transformation of transport infrastructure. Results. It is proven that military actions have significantly transformed Ukraine’s transport and logistics system, causing infrastructure destruction, blockade of seaports, and the reorientation of cargo flows toward rail and road transport. It is established that these changes have increased the load on border infrastructure and revealed technical and organizational constraints. It is substantiated that the key factors of adaptation include the development of multimodal transportation, the expansion of logistics hubs in western regions, the modernization of the railway network in line with European standards, and the intensification of international cooperation. It is shown that the digitalization of logistics processes and the automation of operations contribute to higher transportation efficiency and cost reduction. Practical significance of the research results. The practical value of the findings lies in their applicability by public authorities, logistics operators, and transport companies for developing measures to optimize transportation routes, improve the economic efficiency of logistics flows, enhance international cooperation, and implement digital solutions in the transport and logistics sector during wartime and post-war recovery.

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Published
2026-01-30
How to Cite
Volchak, R. (2026). MODERN BUSINESS RISK MANAGEMENT PRACTICES IN UKRAINE USING THE INTERNET OF THINGS. Scientific Bulletin of Poltava University of Economics and Trade. A Series of “Economic Sciences”, (1 (119), 115-122. https://doi.org/10.37734/2409-6873-2026-1-15